State of aviation: Domestic carriers owe Rs 2,448 cr dues to Airports Authority of India
SpiceJet's dues stood at Rs 105.71 crore against security deposit of Rs 124.22 crore, while that of GoAir was Rs 19.35 crore against security deposit of Rs 73.12 crore.
Domestic airlines owe dues worth Rs 2,448 crore to the Airports Authority of India (AAI) as on January 15, the civil aviation ministry said Thursday. Dues against foreign scheduled and non-scheduled airline operators stood at Rs 312.27 crore, Minister of State for Civil Aviation Jayant Sinha said in a written reply to the Lok Sabha.
However, specific date regarding the dues to be paid to the AAI was not disclosed.
"Dues, excluding penal interest, claim against domestic scheduled and non-scheduled airlines' operators as on January 15, 2019 is Rs 2,448.41 crore," Sinha said about the dues owed to the AAI.
According to him, SpiceJet's dues stood at Rs 105.71 crore against security deposit of Rs 124.22 crore, while that of GoAir was Rs 19.35 crore against security deposit of Rs 73.12 crore.
Details about the date regarding the dues were not provided.
Sinha said that Kingfisher Airlines' dues amounted to Rs 294.69 crore, including penal interest of Rs 119.39 crore.
Watch This Zee Business Video
"AAI has already filed a court case on March 14, 2014 for recovery of dues from Kingfisher Airlines and has taken up the matter with SpiceJet for clearing the dues. The dues against GoAir are regular dues," the minister said.
Kingfisher Airlines was grounded in 2012.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
07:47 AM IST